The partnership deal will bring Aberdeen’s £193.6bn-worth of third-party assets in equities, fixed income and property onto the radar of FEIFA’s English-speaking IFAs on the European mainland, according to Federation of European Independent Financial Advisers chief executive Paul Stanfield.
He said the Aberdeen agreement added a “relevant and important dimension to our existing partnerships, and potentially offers something highly beneficial for our members”.
Aberdeen’s relationship with FEIFA members will be managed by Steve Andrews, Aberdeen's head of strategic partnerships UK, who said he looked forward to working with FEIFA and its “specific expertise and impressive membership”.
He said: “We view this as an important market and are keen to build our profile within it by offering a wide range of of highly-regarded investment products and client service.”
FEIFA is a non-profit organisation established in 2009 to represent the views of, and to support, English-speaking advisers working in Europe. It has member companies operating in more than 25 European countries and, through its partnership programme, has created alliances with more than 40 companies.
Aberdeen Asset Management is a global asset manager, which is listed on the London Stock Exchange and a constituent of the FTSE 100. Last year it acquired the Scottish Widows Investment Partnership (SWIP) from the Lloyds Banking Group.
To read a profile of its Singapore-based star fund manager Hugh Young, click here.
